Office
  • $7,800

Description

40 Broad Street, New York, NY 10004 – Financial District / Wall Street
Asking Rent: $7,800
Size: 3,214 sq ft
Use: Corporate Office / Financial Services / Legal / Tech / Back-Office Operations
Lease Type: Commercial Lease (Office)
Price per Sq Ft: ~$29.12/sq ft/year | ~$2.43/sq ft/month

Property Overview

This 3,214-square-foot office space at 40 Broad Street offers a significant and cost-efficient footprint in the historic core of the Financial District. With an asking rent of $7,800, this space presents an exceptional value per square foot for a substantial private office suite in a full-service, Class B/C building steps from Wall Street. It is ideal for a growing financial services firm, law practice, technology company, or corporate back-office seeking functional space at a manageable cost in a prestigious business district, without the premium of a newer, luxury tower.

Space Highlights

  • Spacious 3,214 sq ft private office suite, capable of housing 15-30+ employees
  • Exceptional value price per square foot for the Financial District, one of the most cost-effective office markets in Manhattan
  • Likely features traditional office layout with multiple private offices, workstations, and common areas
  • Full-service building with security, elevators, and likely shared conference facilities
  • A practical, no-frills space for businesses prioritizing square footage and location over luxury finishes

Location & Neighborhood

  • Core Financial District location on Broad Street, near the intersection of Exchange Place
  • In the historic heart of global finance, surrounded by major banks, exchanges, and financial institutions
  • Close to the New York Stock Exchange, Federal Hall, and Stone Street historic district
  • High concentration of lunch spots, after-work bars, and services catering to the financial workforce
  • Excellent access to subway lines (2/3, 4/5, J/Z, R/W) at Wall Street, Broad Street, and Rector Street
  • Walkable to Battery Park, the Staten Island Ferry, and the World Trade Center complex

Summary

Offered at $7,800 per month (~$29.12/sq ft/year), this 3,214 sq ft office at 40 Broad Street is a highly efficient and budget-conscious choice for businesses needing a large presence in the Financial District. The value proposition is outstanding: significant square footage at one of the lowest per-square-foot costs in Manhattan, in a location steeped in business prestige. This space is perfect for a cost-sensitive but growth-oriented firm—such as a startup financial advisor, small law firm, or tech company—that wants the credibility and convenience of a FiDi address while maximizing space for their team and operations.

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